Masonite Int'l (DOOR) Misses Q3 EPS by 1c, Offers Guidance

Masonite Int'l (NYSE: DOOR) reported Q3 EPS of $1.99, $0.01 worse than the analyst estimate of $2.00. Revenue for the quarter came in at $652 million versus the consensus estimate of $677.53 million.

GUIDANCE:

Masonite Int'l sees Q4 2021 EPS of $7.95-$8.25, versus the consensus of $8.13.

• The Company now expects full-year 2021 Net Sales growth in the range of 15 to 17 percent, reflecting the negative impact that labor and logistics constraints are having on both our operations and end markets. Current foreign exchange tailwinds are expected to continue through the fourth quarter.
• The Company now expects 2021 Adjusted EBITDA* in the range of $415 million to $425 million and diluted adjusted earnings per share* of $7.95 to $8.25.

For earnings history and earnings-related data on Masonite Int'l (DOOR) click here.

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